Investors call for an independant enquiry in to Emissions Scandal

Several Volkswagen AG investors on Monday called for an independent investigation of the car maker’s management

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According to The Wall Street Journal a number of major investors from across Europe have called for an independant investigation in to the magements and supervisory board in connection with the company’s emissions scandal. The newspaper says there is a crucial shareholders meeting next month which could set up a showdown between management and investors.

Volkswagen hired the U.S. law firm Jones Day last year to conduct an internal investigation to determine who was responsible for rigging diesel engines on nearly 11 million vehicles to cheat on emissions tests, one of the biggest incidents of corporate fraud to hit the automotive industry. Investors seeking an independent investigation said Jones Day’s mandate is too narrow.

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Here at R James Hutcheon Solicitors we are taking instructions from all VW, Audi, Skoda and Seat customers who beleive their car has been effected by the emissions scandal. You can join our class action now by visiting our website and signing up. Also on the website are various facts and stories regarding the emissions scandal.

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